February 20, 2021 | Daily JAM, Saturday Night Quarterback |
Please go to the Special Reports section of JUBAKAM.com to find the first 10 picks. The goal is to eventually bring this portfolio up to 20 picks. Just not quite yet.
February 13, 2021 | Daily JAM, Saturday Night Quarterback |
Today’s vote to acquit former President Donald Trump on the impeachment charge will result in a flurry of budget activity from Democrats to push forward President Joe Biden’s $1.9 trillion coronavirus stimulus/relief package. House and Senate committees will pass budget bills this week to pave the way for votes under the reconciliation process in the Senate to pass the proposal into law on full House and Senate votes next week. Also expect the White House to move forward on its proposal for a $2 trillion infrastructure package that would follow quickly on the heels of the coronavirus package.
February 6, 2021 | Daily JAM, Saturday Night Quarterback |
Washington and the effort to pass the Biden Administration’s coronavirus stimulus/relief package will be the main–if not exactly the only–show in town.
January 24, 2021 | Daily JAM, Saturday Night Quarterback |
This week brings fourth quarter earnings reports from Microsoft (MSFT) on Tuesday, and Apple (AAPL) and Facebook (FB) on Wednesday to add fuel to the Big Tech rally. The NASDAQ 100, the home of big tech stocks, climbed 4.4% last week. Apple is expected to report record fourth quarter earnings. And that will certainly help technology stocks in general. But I’d also count the diversity of the companies reporting this week on the positive side of the ledger.
November 28, 2020 | Daily JAM, Saturday Night Quarterback, Short Term |
Expect a week for positioning for the big news scheduled for next week and the week thereafter. The U.S. Food & Drug Administration’s vaccines advisory committee meets on December 8-10. Pfizer’s application for an emergency use authorization for its coronavirus vaccine is on the agenda. Since none of us has seen the data submitted to the FDA, we don’t know for sure, but Wall Street believes that the advisory committee will recommend approval of the vaccine. That could put the FDA on track to approving the vaccine within any where from a couple of days to a week or two. Various sources in the White House and at Pfizer have said that the vaccine could be on its way to American arms as soon as two days after approval. You can bet that a “Yes” from the advisory committee will move stocks–every bit of positive vaccine news has pushed stocks significantly higher over the last two weeks and there’s no reason to think that any positive FDA news would be any different. The Federal Reserve’s Open Market Committee meets on December 16
November 15, 2020 | Daily JAM, Saturday Night Quarterback, Short Term |
... well, we pretty much know what to expect for the coming week from the market's moves in the past week. We're likely to see a continuation of the battle between fear--that the surge in coronavirus infections will lead to another wave of shutdowns that will stagger...
October 31, 2020 | Daily JAM, Saturday Night Quarterback, Short Term |
... who knows? We do know that Tuesday is election day. But beyond that? We also know that the financial markets will react not just to the outcome of the election--victory for Donald Trump or Joe Biden--but also to the nature of the election process. Markets are...
October 25, 2020 | Daily JAM, Saturday Night Quarterback |
...huge numbers of earnings reports in the coming week with 93 on Monday, 178 on Tuesday, 319 on Wednesday, 397 on Thursday, and 81 on Friday. Let me pick out a few that have extra significance. On Tuesday Microsoft (MSFT), Advanced Micro Devices (AMD) and Caterpillar...
October 18, 2020 | Daily JAM, Saturday Night Quarterback |
...earnings season to move into full swing. Monday brings earnings reports from IBM (IBM), from PetsMed Express (PETS) in the red-hot pet sector, and Logitech International (LOGI), a key player in the computer peripherals market. Tuesday includes consumer powerhouse...
October 18, 2020 | Daily JAM, Saturday Night Quarterback |
... OPEC's Monday meeting to roil oil markets. Even if the meeting doesn't make any decision on supply. (Likely at the cartel's December 1 meeting of oil ministers. Tomorrow's meeting is of the Joint Ministerial Monitoring Committee, chaired by Saudi Arabian Energy...
October 10, 2020 | Daily JAM, Saturday Night Quarterback |
...a growing admission by the financial markets that a coronavirus stimulus package by November 3 is dead, dead, dead. And an increasing worry that it might be dead for a Lame Duck session too. As incomprehensible as that as that might seem given the real pain now...
October 3, 2020 | Daily JAM, Saturday Night Quarterback |
...expect the upcoming earnings season to, somehow, edge its way into investor and trader minds, as jam-packed as they already are with issues ranging from the coronavirus pandemic to the November 3 election. The big banks kick off third quarter earnings reports the...